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Gold/Mining/Energy : McEwen Mining
MUX 19.35+2.5%Dec 19 9:30 AM EST

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To: JW@KSC who wrote (15172)3/27/2016 10:31:14 AM
From: rxbond  Read Replies (1) of 24543
 
For sure ALL are risky endeavors. But if you want to play, Goldquest has de-risked there project almost to perfection and offers more favorable leverage to movements in the gold price then most juniors. The comfort is derived from its recent PEA, Romero's history and speed of delivering informational data, the speed of its plan and execution has been Rob like. They are far from dragging there feet... PFS this spring rapidly followed with a FS this winter, not unheard of but rare. Discovery was in 2011, in a less then favorable conditions the project is already knocking in heavens door...with no debt. Nothing more one can ask for from a junior. But of course the PFS coming up is the BIG unknown. Planning a FS immediately afterwards in the same year is the most alluring part, with some apprehension of its delivery. I'm just wondering if its just a promotional gimmick to keep the momentum going or they do they simply have great confidence in the PFS coming up. The less then full PFS taken in 2015 is another alluring part. In that study they de-risked the project by adding more reserves into this years PFS. That's a good signal. The project history up until now can not be more tantalizing. At 20cents its worth the roll of the dice
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